IMPLEMENTATION OF ACTIVITY BASED COSTING ON COMPANY PERFORMANCE A CASE OF COCA-COLA COMPANY IN TANZANIA PREPARED BY: SALUM R. MASINDE REGISTRATION NUMBER FI/0424/T.2014 A Research Paper Submitted in Partial Fulfillment of the Requirements for Degree of Masters of Science in Finance and Investment Coventry University in Collaboration with Institute of Accountancy Arusha. CERTIFICATION I, the undersigned certify that I have read and hereby recommend for acceptance by Coventry University the dissertation entitled: “Implementation of ABC on Company Performance, a Case of Coca-Cola Company in Tanzania” in fulfillment of the requirements for the degree of Masters of Science in Finance and Investment offered in collaboration between …show more content…
Awareness of Activity Based Costing allocation method for all employees 25 4.4.2 The current level of ABC adoption within your organization 26 4.5 satisfied with the current overhead cost allocations 27 4.7 Extent of ABC contributions towards company’s performance 30 4.7.1 ABC method and its effectiveness on influence financial performance 30 4.7.2 Ratio analysis and financial performance 31 4.7.2 The extent of ABC contribute in achieving organizational goal 33 4.8 Challenges associated with using Activity Based Costing (ABC) method 35 4.8.1 Challenges caused by ABC cost allocation method 35 4.8.2 Other Challenges mentioned by respondents 36 CHAPTER FIVE 38 SUMMARY, CONCLUSIONS AND RECOMMENDATIONS 38 5.1 Introduction 38 5.2 Conclusions 38 5.3 Recommendation and Policy Action 40 5.4 Suggestions for Future Studies 41 REFFERENCE 43 Appendix 1 financial statement of the company 49 APPENDIX 2.INTRODUCTORY LETTER TO RESPONDENTS 52 APPENDIX: 2 INTERVIEW GUIDE FOR MANAGEMENT OF COCA-COLA 55 LIST OF TABLES Table 4.1 Response Rate …show more content…
MASINDE REGISTRATION NUMBER FI/0424/T.2014 A Research Paper Submitted in Partial Fulfillment of the Requirements for Degree of Masters of Science in Finance and Investment Coventry University in Collaboration with Institute of Accountancy Arusha. CERTIFICATION I, the undersigned certify that I have read and hereby recommend for acceptance by Coventry University the dissertation entitled: “Implementation of ABC on Company Performance, a Case of Coca-Cola Company in Tanzania” in fulfillment of the requirements for the degree of Masters of Science in Finance and Investment offered in collaboration between Institute of Accountancy Arusha and Coventry University. DECLARATION I, Salum R. Masinde, declare that this dissertation is my own original work and that it has not been presented and will not be presented to any university for similar or any other degree award. Signature…………………………………………
Herbert 1: Ira C. Herbert begins his remarks by explaining that the Coca-Cola company has come to the attention with the situation involving the Grove Press Inc. using the slogan, “It’s the Real Thing” to advertise the book Diary of a Harlem Schoolteacher. Herbert is utterly demanding when it comes to suggesting to the Grove Press Inc. to advertise the book in a different manner, eliminating the usage “It’s the Real Thing”. For instance, in the letter, he defends possession of the slogan by establishing that the “company has made use of “Its the Real Thing” to advertise Coca-Cola long prior to the publication of the book, we are writing to ask you to stop using this theme or slogan…” (para 2). In other words, the Coca-Cola company is quite
Abstract The Wilkerson Company started facing declination in profits due to the price cutting on their pumps. On the contrary, while the price pumps were decreasing to record numbers, the flow controllers, which controlled the rate and direction flow of chemicals, could increase its prices without significant loss or any competitive response. Wilkerson, his controller, and manufacturing manager developed an activity-based cost model (ABC) to better comprehend the various demands that each product line makes on the organization 's indirect and support resources. Exhibit 1 showed us our operating results, Exhibit 2 showed us our product profitability analysis, Exhibit 3 displayed our product data, and Exhibit 4 was a compilation of the monthly
Name: Stephen Catterall Student ID: 864309 Unit 407 – International Business Strategy (Blended MBA, 2014) Assignment Report for senior management evaluating how well ANZ Banking Corporation, is currently performing, and recommending how it can improve its international business performance with a view to its further expansion into the China (PRC) market. Chair: Dr. Vanaja Karagiannidis Date: 25th August 2014 Word Count: 2,649 Table of Contents 1 Executive Summary 4 1.1 Project Summary 4 1.2 Procedures Used 4 1.3 Problems Identified 4 1.4 Results 4 1.5 Recommendations 4 2 Introduction 6
Abby prefers to allocate indirect cost using activity-based costing for these orders, but recognizes that not all costs are driven by volume of output. Abby prepares a
ECONOMICS PROJECT Name: Saatwic Malhotra Course: BBA.LLB (H) Section: A Enrollment Number: 7058 ACKNOWLEDGEMENT I express my sincere thanks to Mrs. Tanu Sachdeva, my economics teacher who guided me throughout the project and also gave me valuable suggestions and guidance for completing the project. She helped me to understand the issues involved in the project making besides effectively presenting it. My project has been a success because of her. PEPSICO • PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Purchase, New York. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products.
Based on this case the cost driver is to properly distribute the direct cost among the different divisions. Dr. Julian would like to control her departments costs by having them distributed fairly among the divisions without affecting the hospital’s reimbursement/revenue. Carroll University Hospital is currently using the standard costing unit, which is based on the cost of bed/day for inpatients. Currently the present cost accounting system that is being used at CUH takes the total direct cost of the departments, then allocates the indirect costs and distributes it among the departments evenly regardless of the actual resources being used in those departments, and without considering that there may be some patients in these divisions that may require more resources than others, this method does not seem to recognize the different activities,
Age and life cycle can be tricky variables because there are different needs and wants as accord to the age of a person. The main sector in which Coca-Cola Company targets is the youth because there is a much need of refreshment and energizers to cope up with their daily activities. Gender is also an issue needed to be given prior by Coca-Cola. Men and women tend to have different attitudinal and behavioral orientations, based partly on genetic makeup and partly on socialization practices. Coca Cola targets both genders with its wide variety of drinks.
Because of these new technologies, Coca-Cola 's production volume has increased sharply compared to that of a few years ago. 2.2.3 Key Strategic Objectives and Challenges • Acquisition targets in developed markets: Coca-Cola already has strong penetration in major soft drinks markets, which typically offers limited acquisition opportunities due to market consolidation. Much of the future volume growth is likely to come from secondary markets such as Vietnam and Indonesia. Coca-cola may be better advised to set its sights on larger acquisition targets in untapped regions such as the Middle East and Africa and some secondary markets. • Diet Products
Coca-Cola strives to utilize every strategy available to become successful whenever it launches its business in overseas markets. Pepsi seemed to have discovered Coca-Cola’s disadvantages and it was using them to check Coke’s dominance. The new market structure brought about cut throat competition between the two cola giants. However, the competition ate into a large chunk of the two companies’
Analysis of Financial Statements Student number: 10221450 Word count: 2993 words Excluding Bibliography Course code: B9AC106 Course title: Financial Analysis Lecturer: Mr. Enda Murphy Company: Whitbread PLC Table of Contents 1. Whitbread plc 3 Financial Ratio Comparison 6 1.1 Profitability Ratio 6 1.2 Liquidity Ratio 9 1.3 Efficiency Ratio 11 2. Intercontinental hotels group plc and Ratio Comparison with Whitbread 12 3. 10% Stake in Intercontinental Hotels Group PLC 13 Conclusion 16 Market Value and Book Value
Investment philosophy of Motilal oswal Motilal oswal securities limited organization structure Motilal oswal franchise structure Motilal oswal securities Ltd management key people Name Position Motilal oswal Chairman and managing director Raamdeo agarwal Joint managing director sudhir dhar Associate director and hear hr admin Hitungshu debnath Director retail business Navin agarwal MD of institutional equities and investment banking Sameer kamath Associate director CFO Ramnik chabra Associate director Head marketing Ajay menon Chief operating officer Rajesh dharamshe Director –institutional derivatives and corporate broking Vijay goel Broking , distribution and wealth management Vishal Tulsyan Private equity Motilal oswal financial services Ltd Subsidiaries
3.1 Explain how products are developed to sustain competitive advantage There are three levels of coca cola’s products. They are core product, actual product and augmented product. Core product Coca cola’s products are high quality standards for the customer.
Kraft Heinz Case Study Executive Summary Problem Statement The focal problem that Kraft Heinz Company (KHC) faces is the decrease in demand of packaged-foods, while trying to increase revenue. Analysis This analysis studies Kraft Heinz Company’s strategy, competitive position in the market, problems being faced, and the company’s financials.
In the carbonated soft drinks industry, Coke Cola and Pepsi Co are the biggest players in the market for aerated beverages. Both the companies have been competing strongly against each other for decades. The market is dominated by these two industry leaders with a total market share of 72%; Coke’s market share is 42% and Pepsi’s 30%. This is known as an oligopoly market; where there are few large firms competing with each other in the industry. Since both the company’s market share so large, the market is very close to a duopoly (other players having a very small impact on the market).
When we talk about architecture as a professional activity we do recognise the contribution of different people in the designing process and successful completion of a project. But out of all the relationships among the professionals, a successful Architect –Client relationship plays the most crucial part. Assuming that this relationship can be structured, the researchers have been developing models for a systematic strategy to address the problems and gaps in management of this relationship. In this research, I want to acknowledge the psychological and sociological perspective of this relationship and enhance our understanding of the problems of this relationship.